South Carolina Amendment 3B (1998)
South Carolina Amendment 3B allows counties, if authorized by the General Assembly, to have financing authority to issue special bonds to pay for redevelopment in designated areas. It was on the November 3, 1998 election ballot in South Carolina where it passed, with 57.5% of voters in favor.
Text of measure
The language that appeared on the ballot:
This amendment would allow counties, if authorized by the General Assembly, to have financing authority to issue special bonds to pay for redevelopment in designated areas. The repayment of these bonds will come from additional tax revenues generated by the redevelopment. Only municipalities now have this authority.
State of South Carolina
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